Business Visits
Advanced Material Japan Corporation visits Asian Metal
On February 18, Mr. Kohei Yamada, General Manager of Sales department in Advanced Material Japan Corporation visited Asian Metal, and discussed Bismuth and Selenium market movements with Susan Yin, Victor Hu, senior analysts and Frank Chen, market analyst of Asian Metal.
Mr. Kohei Yamada discussed the recent bismuth market trend with Susan Yin and Victor Hu, senior analysts in Asian Metal. Mr. Yamada claimed that the demand for bismuth metal in Japan is weak now and they are exploring European market. He noted that due to the sharp price rise in China, European bismuth ingot price is increasing. Currently, the mainstream price for bismuth ingot in Europe is around USD10.0/lb in warehouse Rotterdam.
Afterwards, Mr. Yamada talked with Frank Chen about the recent selenium market performance. He noted that Chinese selenium prices have rebounded rapidly since January, after decreasing largely 2013. And driven by the price increase in China, Japanese selenium prices also showed uptrend recently. However, he holds cautious attitude toward the future market as demand from downstream industries has not made substantial improvement yet, and deemed the prices are likely to fall back in Q2 of 2014.
Besides, Mr. Yamada said the company will attend “2nd World Selenium & Manganese Forum” and “7th World In-Bi-Ge Forum”, which are going to be held by Asian Metal during Aril 23-25th and May 15-17th respectively in Changsha, China, and wishes the meetings a great success.
Founded in 2014, Advanced Material Japan Corporation is focusing on import & export business of global resources, mainly dealing with Sb, Se, Bi, Ta, Nb, Cd, Li, Mg, Mo, W, Ti and other metals.
From left to right: Lily Feng, Frank Chen, analysts in Asian Metal, Kohei Yamada, General Manager of Sales department in Advanced Material Japan Corporation